Powershift founded, funded, and led the initial scaling up of Moxie Software. Initially, Steve Papermaster served as founding Chairman and CEO, and Brian Magierski served as founding President.

Together, Papermaster and Magierski raised over $50M, built the core management team and software, made key acquisitions, and rapidly led the company from startup to revenues of over $30M.

To fill the board, Papermaster selected Yahoo CFO Ken Goldman, Sun Microsystems former CEO Jonathan Schwartz, and prominent Silicon Valley venture capital partners.

Powershift continues to be the largest individual shareholder to date.

Visit Moxie Software's website for more information.